Note 11. Other Gains

Other gains are transactions that are not part of the Directorate’s core activities.  Other gains are distinct from other revenue, as other revenue arises from the core activities of the Directorate.

 

2015
$’000

2014
$’000

Gains from the Sale of Assets

82

85

Assets Transferred from Other Entitiesa

485

-

Donationsb

1,032

1,309

Gain from De-recognition of Finance Lease Liabilityc

5,469

-

Total Other Gains

7,068

1,394

  1. In 2014-15 land was transferred to the Directorate from ACT Property Group for the purpose of building a Secure Mental Health Facility in Symonston.
  2. The reduction in donations is a result of one-off amounts received in 2013-14 that were for the Centenary Hospital for Women and Children.
  3. The gain from de-recognition of lease vehicles liabilities is in accordance with the whole-of-government vehicle leasing arrangements, which took effect on 23 April 2015. The net impact of the gross loss of $5.29 million on the derecognition of the leased vehicles (refer to Note 19: Other Expenses) and the gross gain of $5.47 million on the derecognition of the finance lease liability was a net gain of $0.18 million.  Also refer to Note 2(w): Summary of Significant Accounting Polices – leases.

The Directorate has received donations from organisations and the general public which must be spent on specific purposes.

 

2015
$’000

2014
$’000

Contribution Analysis - Donations

 

 

Contributions which have conditions of expenditure still required to be met:

 

 

Contributions recognised as revenues during current year for which

   expenditure in manner specified had not occurred as at balance date

427

918

Contributions recognised in previous years which were not expended in the

   current financial year

2,730

2,975

Total amount of unexpended contributions as at balance date

3,157

3,893